116 Central Avenue Athens, OH $ 195,000
116 Central Avenue
$ 195,000
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116 Central Avenue

Athens, OH, 45701
$ 195,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,201

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Multi-Family Home for sale in Athens, OH

for $195,000 with 4 bedrooms. This home was built in 1900 on a lot size of 0.14.

Excellent investment opportunity! This well-maintained duplex offers immediate and future income potential. Recent major upgrades include a new metal roof (2025), vinyl siding, and newer replacement windows installed in recent years. One unit features a new hot water tank (2025). Unit 118 is currently rented through June 2026, providing stable cash flow, while the second unit is vacant—ideal for value-add potential or owner occupancy. Minor cosmetic updates are needed, including flooring replacement and stair carpeting, offering an opportunity to increase rental value. Property is currently zoned as an owner-occupied rental; buyers may pursue a variance with the city for full rental use. All appliances convey with the sale. Each unit includes a spacious landing at the top of the stairs, which could potentially be utilized as an additional bedroom or flex space. The property also features a large backyard shed, perfect for conversion into a studio, workshop, or additional income-producing space. Strong upside potential—don't miss this opportunity to add a solid asset to your portfolio.

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Multi-Family Pending

Price

$ 195,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,354

Style

Lot Size

0.14

Year Built

1900

Town/City

Athens

County/Region

Athens

MLS | Web ID

226000316

Features
General
Sewer Public Sewer
Utilities Water Available Sewer Available Natural Gas Available Electricity Available
Year Built 1900
Township Athens
Property Subtype Duplex
Tax Year 2024
Gross Income 0.0
County Athens
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Status Pending
City Athens
High School District ATHENS CSD 502 ATH CO.
Zoning Description owner occupied
Number Of Units Total 2
Lot Size Square Feet 6098.4
Land Lease Y/N N
Tax Annual Amount 3354.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.14
Spa N
Lot Size Acres 0.14
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Total Baths 0
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Sherri McDonald

Listing Agent

Howard Hanna Real Estate Servc

Broker

sherrimcdonald@howardhanna.com

Email

Affordability Calculator

$1,480
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
$280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2279516 Elementary School
2279515 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/6/2026$195,000 Listed Price

Map


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116 Central Avenue, Athens, OH, 45701 is a Multi-Family Home for sale at $195,000 with a lot size of 0.14. 116 Central Avenue has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 45701 which is in Athens, OH